Me and my team building a new Altcoin. The first Egyptian altcoin. So we didn't want to start it with an ICO. Is it normal to start a coin without an ico and if yes what is the effect of that
It is very possible if you dont want to have any investors that will fund your project?so skip ICO,and if you have enough money to fund the needs of your team,do not run an ICO.Most of the coins that didnt undergo ICOs are the coins which has forked from the solid coins like bitcoin,neo,etc because the popularity of their predecessor is enough to advetise the coin itself.